Prelude Blog

How to identify good accounting software

For every business or enterprise, financial accounting and bookkeeping are vital functions to measure its viability and to calculate the tax it will owe to the relevant government or authority. These days, most business people will use computer software to manage the books, and while some will to try and use generic spreadsheet software such ...

Is bookkeeping dying out?

I have been involved with accountancy now for nearly 20 years, and one of the most startling changes I have seen in that time is how the role of bookkeeping has changed. When I started my career, it was commonplace to find accountancy firms with many bookkeepers on their staff, offering their clients bookkeeping as ...

What is bookkeeping and why you need to do it

Bookkeeping… the word alone can send shivers down the spine of the hard-pressed businessperson. However, it is a necessity, a vital function of a legitimate business. But what exactly is bookkeeping and why do you need to do it? Bookkeeping, in its modern form, was first recorded in 1494 by a Cistercian monk called Lucia ...

How can I save time with my accounts? Four tips that can help you

Running your own business ischallenging and often time consuming. It would probably be fair to say that the most frustrating and non-profitable activity that all business people have to engage with is the management of their accounts. Incomings and outgoings all have to be accounted for across the board, not only to manage the business ...